FRASERBURGH, N.B.—On the 19th February, during a storm of unusual violence from the N.E., the schooner Augusta, belonging to Sunderland, and bound from that port to Little Jersey, was wrecked on some rocks to the leeward of this harbour.

The Life-boat Charlotte, having put to sea, bore down upon the wreck, anchored in a suitable position, and succeeded in taking on board the whole crew, 4 in number. In a very short time afterwards the wreck went to pieces. The rescued crew were not yet safe, however ; for, on the Life-boat weighing her anchor, it was soon found that the utmost power of the oarsmen was insufficient to force the boat against the gale towards the mouth of the harbour; and at length the coxswain, finding his boat fiercely beaten down upon a rocky lee shore, had the anchor let go: two heavy seas in succession striking the boat just at that time, however, the anchor did not bite in time, and when it at length brought up the boat, her stern came into collision with the rocks. As it was manifest that she would eventually destroy herself in that posi- tion, and all on board be left beating about in the sea, the coxswain ordered thecable to be cut, trusting that the heavy sea would force so buoyant and tough a boat far enough up on the rocks to enable those on board to escape. The coxswain's judgment proved a thoroughly sound one ; and the Life-boat, though she was reduced to the condition of a wreck herself, carried the whole 17 persons on board safely on to hard, firm rock. A small channel still separated from the mainland the rock on which the Lifeboat crew and the crew of the Augusta had thus been landed, but the shoal outside making smooth water in it, two ordinary boats were launched from the shore, and crossing the channel, finally succeeded in landing, in perfect safety, the whole party, whose arrival was hailed by the cheers of an immense crowd of people, who, with intense anxiety, had been watching the varying fortunes of the two crews for so long..